Bitcoin ($BTC ) tumbled to a new 2026 low below $85K on Thursday amid a broader market selloff across U.S. equities and metals.
The largest digital token by market cap (BTC-USD) dropped 4.8% in the last 24 hours to $84.8K apiece, marking its lowest level since mid-December.
The swing comes amid a sudden reversal across markets, with gold (XAUUSD:CUR) -4.8% and silver (XAGUSD:CUR) -6.3% prices snapping their recent massive rallies as of 11:07 a.m. ET. Reinforcing the broader risk-off mood, U.S. equities also weakened after big tech earnings failed to impress, with the tech-heavy Nasdaq off over 2% at press time.